Westside Academy Inc

Analysis

Westside Academy Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in April 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Westside Academy Inc reported income of $4.3m and spending of $4.7m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.3m to $4.3m (+86%), an average of +17% a year. The sharpest change came in the year to June 2020, when income rose by 48%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Westside Academy Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within OH. Charities of a similar size with the same main cause include Florida Autism Center of Excellence Inc ($4.3m), Thomas Sumter Academy Inc ($4.3m) and German International School Chicago NFP ($4.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $128k (2.7% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $9.2m against liabilities of $9.0m, net assets of $130k. It reported 58 employees.